Mastercard has patented the account binding to the cryptocurrency

At the end of spring Stephen Davis from Mastercard filed a new patent – the binding of the account to the Cryptocurrency. This technology allows you to monitor the accounting system, in which payments are made by a debit card linked to a cryptocurrency account.

The system will provide an opportunity to control partially the stock of currencies. And the method is based on the cryptocurrencies blockchain. In the event that the technologies are integrated, transactions with cryptocurrencies will be implemented much faster.

It is noted that the payment network will be decentralized, but at the same time it is safe, which will give sellers and buyers advantages and protection against thieves and scammers. While the company does not explain how they will implement their idea. Source: vladtime.ru